Craft Beer’s Days of Explosive Growth Are Over | Fortune

The days of eye-popping growth numbers for the craft beer industry seem to be over.

Year-end 2017 sales data just released by The Brewers Association, the trade group for independent brewers, shows craft beer production volumes were up 5% last year—on par with how the industry was tracking in the middle of the year.

As of the end of 2017, there were 6,266 craft breweries operating in the U.S., more than double the total from 2013—and a 16% increase from 2016. Just under 1,000 opened in 2017 alone (with 126 going out of business).